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Authors:
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Abstract: Tourism
development along the coast of the Gambia has caused an increase in the rate of
gentrification in urban Gambia (See;
Smith, 1982; Weisler, 2019). Commodification and financialization
of land are relatively new in the Gambia but these phenomena have positive and
negative impacts on communities. According to Aalbers (2008), the financialization of land and
housing is unsustainable. When the laws of demand and supply control the
housing sector as a financial mechanism, financial interest will dominate
thereby gentrification and capitalized rent gap become eminent (Criekingen, 2008; Lapavitsas, 2013).
This paper explored how state-induced touristification influences
gentrification vis-à-vis the nexus between touristification and gentrification. |
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